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This Letter of Intent Sets Forth the Basic Terms and Conditions Upon Which Form

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This Letter of Intent Sets Forth the Basic Terms and Conditions Upon Which Form

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all right today I'm going to talk to you about letter of intent what's the purpose of a letter of intent why do people use it in real estate developments and I'll I'll show you the reasons why I use it and also at the end of the video as I'll give you a copy of my letter of intent that you can use for yourself for your projects all right so let's get right into it okay so first of all uh the letter of intent is basically it's understanding the purpose of your intent for Real Estate development all right so what is it that you want to do with this property so it shows that someone's seriously interested okay in a property um think of it saying like hey you know I'm really interested in this property and I want to talk more about buying it it's more serious than just talking about it casually but not as like a final sign the contract right so like imagine you want to buy a piece of land to build a house you s

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